https://finance.yahoo.com/news/walt-disney-soars-earnings-beat-224636761.html?.tsrc=rss
Disney CEO Bob Iger said on the earnings call that the company continues investing in direct-to-customer businesses like ESPN+, a platform that reached 2 million subscribers as of quarter-end, double that from five months ago.
Further revamp costs for ESPN+ and Disney+ are expected to reduce segment operating incomes by $200 million for fiscal 2019.
Submitted February 05, 2019 at 09:58PM by biz_student http://bit.ly/2GbcpyP
